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5 Water Wheel Lane

5 Water Wheel Lane, Saugus, MA 01906
Property in Oakland Vale
Sold Feb 19, 2008
$940,000
$893,016 by Jpmorgan Chase Bank Na
Mortgage Due Aug 25, 2041
Sold Feb 19, 2008
$1,040,000
$680,000 by Mortgage Electronic Registrati
Mortgage
5 Water Wheel Lane has been categorized by the local assessors in Saugus, MA as a residential type of property. The building on the property was first built in 1989 and is 35 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5 Water Wheel Lane has 3,336 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 3,336 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 30,061 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a hip style roof made of asphalt. The exterior walls of the building are made of brick. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5 Water Wheel Lane was last sold in Jan 1, 1970 for $940,000. According to our calculations, that's $281.77 per sqft. Prior to that sales transaction, the property was sold for $1,040,000 in Jan 1, 1970. Current property owners are expected to pay $12,656 in taxes per year. The property on 5 Water Wheel Lane was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $1,188,400. To break that down further, the land itself was valued at $443,800. While improvements to the property were assessed at a total of $744,600. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Attached Garage
Off Street Parking

Facilities

Storage Available
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 3,336
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 30,061
  • Total Building Area: 3,336
  • Gross Building Area: 8,820
  • Building Area: 3,336
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,336
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.69
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PHAM TUAN
  • Current Owner 2: TRAN VIVIAN LINH
  • Previous Owner : SIRVA RELOC CREDIT LLC
  • Owner Before Previous Owner: LAMARCA CHRISTOPHER G
  • Owner Before Previous Owner 2: LAMARCA LYNNE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Saugus School District
  • School Tax School District: SAUGUS SD
  • Census Tract: 208402

Zoning

  • Zoning: NA

Geography

  • Account Number: 7295023
  • Parcel: SAUG M:009-B B:0012 L:0002
  • Block: 12
  • Lot: 2
  • Municipality: SAUGUS
  • Latitude: 42.4657
  • Longitude: -71.0363

    Address

  • Full Address: 5 Water Wheel Ln
  • Address - House Number: 5
  • Address - Street Name: Water Wheel
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Saugus
  • Carrier Code: C033
  • 4-Digit Zip Code: 4443
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $12,656

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,376,967
  • High Value: 1,612,050
  • Low Value: 1,141,884

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $1,862,720
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 25, 2011
  • First Open Lien Mortgage Loan Amount: $893,016
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Aug 25, 2041
  • Second Open Lien Mortgage Lender: MORTGAGE ELECTRONIC REGISTRATI
  • Second Open Lien Mortgage Recording Date: Feb 19, 2008
  • Second Open Lien Mortgage Loan Amount: $680,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Loan Due Date: Feb 19, 2038
  • Third Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • Third Open Lien Mortgage Recording Date: Dec 03, 2014
  • Third Open Lien Mortgage Loan Amount: $289,704
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Due Date: Dec 03, 2044

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,188,400
  • Assessed Land Value: $443,800
  • Assessed Improvements Value: $744,600

    Sales

  • Current Sale Recording Date: Feb 19, 2008
  • Current Sale Transaction ID: 11900621294
  • Current Sale Price: $940,000
  • Current Sale Document Type: Land Court (Massachusetts)
  • Current Sale Input Document Number: 82116
  • Previous Sale Recording Date: Feb 19, 2008
  • Previous Sale Amount: $1,040,000
  • Previous Sale Document Type: Land Court (Massachusetts)

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE ELECTRONIC REGISTRATI
  • Previous Mortgage Transaction Date: Feb 19, 2008
  • Previous Mortgage Loan Amount: $680,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Oakland Vale



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Frequently Asked Questions

What neighborhood is 5 Water Wheel Lane located in?
The 5 Water Wheel Lane is a located in the neighborhood of Oakland Vale in Oakland Vale, Saugus.
What is the average sales price for listings in 5 Water Wheel Lane?
The average sales price for units in 5 Water Wheel Lane is $0 currently.

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